“We do so not simply to separate ourselves from someone who does not merit the respect of his colleagues but also to send a message that the era of willful ignorance and shameful complicity in sexually predatory behavior and workplace harassment in our industry is over,” the statement read.

“What’s at issue here is a deeply troubling problem that has no place in our society. The board continues to work to establish ethical standards of conduct that all Academy members will be expected to exemplify."

Celebrities quickly turned to Twitter to react to the decision.

Mia Farrow tweeted “Harvey Weinstein is out” after the news.

Proud of the @TheAcademy! Harvey Weinstein is out. There are others- but hopefully we are witnessing the end of an awful era.

Weinstein, 65, has already been suspended by the British Film Academy in the aftermath of an explosive article in The New Yorker in which several women accused Weinstein of sexual harassment and sexual assault.

Weinstein was also fired Sunday by The Weinstein Co., a studio he co-founded with his brother.

"I’m ashamed that he is my brother, to be honest,” Bob Weinstein told the Hollywood Reporter. “And I am ashamed that these are his actions.”